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Nov 29, 2012
11/12
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KRON
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this would be a good tax refund. i the clock is ticking and we have 33 days until the clift. we love numbers. if we can do it countdown will do with the this is the latest. >> hopefully they can get a deal done. >> lindsay lohan was arrested a gang for fighting. here she is she was released from jail this morning. she has a black jacket covering her head and apparently she identify with that woman as she hitter in the face. this was at a nightclub overnight. the witnesses stated that she struck are in the face with a hand. she did not require medical condition lohan has another arrest under her belt. she is charged with third degree assault. >> 6:53 a.m. and will be right back. it is strauss' size of this is good news compared to yesterday. enjoy your ride to work or school and will be right back. line towards are rust is in trouble. they're having problems fulfilling torrid orders. many customers who place orders stated that they're receiving e-mail sector orders have been canceled. numerous customers posted their stories on torahs are russ facebook page. they stated that cu
this would be a good tax refund. i the clock is ticking and we have 33 days until the clift. we love numbers. if we can do it countdown will do with the this is the latest. >> hopefully they can get a deal done. >> lindsay lohan was arrested a gang for fighting. here she is she was released from jail this morning. she has a black jacket covering her head and apparently she identify with that woman as she hitter in the face. this was at a nightclub overnight. the witnesses stated...
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Nov 23, 2012
11/12
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taxes, that challenge is going to be to find a way to increase taxes on the wealthy. to increase taxes on higher earners without increasing the rate. that would be a win win for both sides. the question is, how do you do that? one option, to potentially roll back tax breaks that wealthier americans and corporations are given. they're batting a couple of ideas around. one thing that is giving folks hope, the fact that house speaker john boehner and eric cantor seem to be working more in lock step now than they were during the summer of 2011. if that holds, it really could help the house of representatives to get on 3w0rd of some type of idea. >> we've heard from chairman bernanke and others. how much of a factor will the fed and the ceos of all these major companies be as we get closer to this major deadline? >> one of the questions is how do people react where all these tax increase, all these spending cuts take effect. if there's no deal in the middle of december, say, do we start to see some real impacts? do companies start slowing their capital spending plans, do t
taxes, that challenge is going to be to find a way to increase taxes on the wealthy. to increase taxes on higher earners without increasing the rate. that would be a win win for both sides. the question is, how do you do that? one option, to potentially roll back tax breaks that wealthier americans and corporations are given. they're batting a couple of ideas around. one thing that is giving folks hope, the fact that house speaker john boehner and eric cantor seem to be working more in lock...
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Nov 22, 2012
11/12
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FBC
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why do you want to pay more taxes? >> well, i don't want to pay more taxes. i don't think anybody wants here. i'm part of a group called the patriotic millionaires and we are all willing to pay more taxes. so it's clear that all of us, the whole country is in a position where all of us individuals, the working people, the wealthy people, corporations, all of us together have to pay for all of the spending that we have done over the last 12 years. >> why don't we cut spending? why don't we start with something that senator coburn announced today. there is so much that can be saved by cutting nondefense spending, things like a smartphone application. it these are the things we are spending money on. they cut that we can make. >> so we have to do new cuts and paperwork. we have to pay for all of the spending we have done for the last 12 years. and we are kind of all in this together. so i don't think that, you know, i have spent the last two days talking to both sides of the senate. i have spent time talking to representatives in the house and white house. the m
why do you want to pay more taxes? >> well, i don't want to pay more taxes. i don't think anybody wants here. i'm part of a group called the patriotic millionaires and we are all willing to pay more taxes. so it's clear that all of us, the whole country is in a position where all of us individuals, the working people, the wealthy people, corporations, all of us together have to pay for all of the spending that we have done over the last 12 years. >> why don't we cut spending? why...
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Nov 21, 2012
11/12
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CNBC
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i mentioned the tax issues. >> the tax issues people have shown that they don't care about it. we have seen it. people still don't change the buying habits yet. >> my point. >> you like the samsung. >> and i own google. it is the closest to creating its own ecosystem to the likeness of the apple. they are every place. they give you so many choices. you don't have the one stop shopping with the iphone. you get the phones and everything else that comes along with it. >> everything else? search is the biggest thing. self drive car. >> look at those legs. >> i have great legs. >> that was a few years before. >> now you can really lift the packages. >> it's a family show. >> i meant packages. >> it's a family show. put a ribbon on that. >>> jane wells joins us with a look at what is going on next. >> nice package, guy. we are going to talk poker, football and if people left their hearts in san francisco where did they leave their brains? we will find out after the break. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to pr
i mentioned the tax issues. >> the tax issues people have shown that they don't care about it. we have seen it. people still don't change the buying habits yet. >> my point. >> you like the samsung. >> and i own google. it is the closest to creating its own ecosystem to the likeness of the apple. they are every place. they give you so many choices. you don't have the one stop shopping with the iphone. you get the phones and everything else that comes along with it....
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Nov 26, 2012
11/12
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FBC
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one thing is all the taxes eventually get paid. you don't get away with not paying taxes just because you put money into an ira. you have to pay when you pull it out of retirement. the second thing is there is no doubt today people can lower their tax bill, it will be definitely lower the savings rate if we were to do that. and finally, $100 billion is what we could raise. that is a drop in the bucket. a trillion plus dollars deficit. we need way more than these kind of things to fix this. we need to cut spending. that is what we need to do. this is the only way we will balance the budget. melissa: you make a point not everyone has made, just the impact of the stock market of what is going on. raising taxes on investment doesn't even hurt as much as just how much government spending is going on. >> i will try. this is the heart of economics. call it the cloud or the smart phone or the tablet, those technologies to throw out productivity efficiency. and the games society makes from these technologies, we get reinvested, sort of the
one thing is all the taxes eventually get paid. you don't get away with not paying taxes just because you put money into an ira. you have to pay when you pull it out of retirement. the second thing is there is no doubt today people can lower their tax bill, it will be definitely lower the savings rate if we were to do that. and finally, $100 billion is what we could raise. that is a drop in the bucket. a trillion plus dollars deficit. we need way more than these kind of things to fix this. we...
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Nov 29, 2012
11/12
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FBC
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if we can bridge the fiscal cliff and get a comprehensive tax reform and entitlement reform, you would see a market significantly higher. tracy: we have had some earnings that look positively dismal. it is a very big pricey discretionary product, but they miss earnings, that is a real fundamental, isn't it? speak we still have the s&p profit growth that is positive. you cannot continue to have double-digit earnings growth as he diyou did for 10 consecutive quarters. if we get through this cliff in the back half of 13, gdp growth rate accelerates as we anticipate and profit growth as well. tracy: if your liking big multinationals, you don't like europe yet you like the multinationals. help me wrap my mind around that. >> u.s. large caps are cheap, most of those in mall to nationals. but they don't deserve to be cheap. it is going to be a while before you get any sustained growth. you can't make that case the multinationals. it is relatively speaking a small part. the big part of the global exposure is the emerging markets. tracy: you obviously are very bullish equity sky. you have to be
if we can bridge the fiscal cliff and get a comprehensive tax reform and entitlement reform, you would see a market significantly higher. tracy: we have had some earnings that look positively dismal. it is a very big pricey discretionary product, but they miss earnings, that is a real fundamental, isn't it? speak we still have the s&p profit growth that is positive. you cannot continue to have double-digit earnings growth as he diyou did for 10 consecutive quarters. if we get through this...
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Nov 27, 2012
11/12
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the middle class. >> the payroll tax goes up and the tax goes up for everybody including the people that make just barely enough to live on. my concern is the world. i'm sitting there imagining you're in england right now or australia or africa and you're watching the news every day. and you know that in the united states both political parties, you sort of know who they are, both know there's a problem, both know the number they need to reach, both know they have to reach an agreement and they don't do it. what does it say about our country? we're the great role model for democracy or the republican forms of government and we can't govern ourselves in the simplest damn thing of getting the numbers straight. i worry about that. >> they love their party more than they love their country. how did we get to that point? don't ask me, but, you know, the whole business of reform and money in the campaign and beat up the guy and it's not a case of who wins. it's you want to be sure somebody loses. and i say to people whether it's grover norquist or whatever, lord sake, if you can't step up to t
the middle class. >> the payroll tax goes up and the tax goes up for everybody including the people that make just barely enough to live on. my concern is the world. i'm sitting there imagining you're in england right now or australia or africa and you're watching the news every day. and you know that in the united states both political parties, you sort of know who they are, both know there's a problem, both know the number they need to reach, both know they have to reach an agreement...
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Nov 29, 2012
11/12
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CNBC
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remember all those concerns about higher taxes on dividend? the dow utilities bottomed several weeks ago. okay, it is not a gigantic move but the slope has been upward. utilities are among market leaders today. all right, fractional but it is a fairly broad advance. what about those concerns about the mortgage interest desucduct? nice little advance in some of the home builders. pending home sales above expectations. the market believes some kind of deal is coming and that it is going to be substantive. if it doesn't happen, then we're all going to pay the price in the next month or so. >> a lot of prices to be paid. >>> as the market is clearly blowing in the breeze with every single comment from both sides of the political aisle, we wonder whether or not these comments are anything more than just hot air. eamon javers, what say you? >> well, there's a lot of hot air up here on capitol hill, mandy. i just had the chance -- not that he was talking about hot air, but i just spoke briefly with former republican vice presidential candidate paul r
remember all those concerns about higher taxes on dividend? the dow utilities bottomed several weeks ago. okay, it is not a gigantic move but the slope has been upward. utilities are among market leaders today. all right, fractional but it is a fairly broad advance. what about those concerns about the mortgage interest desucduct? nice little advance in some of the home builders. pending home sales above expectations. the market believes some kind of deal is coming and that it is going to be...
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Nov 27, 2012
11/12
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KQED
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cuts for the top 2% because it's bad economic policy. >> reporter: the president's tax plans got some support from legendary investor warren buffett today. writing in the new york times, buffett says higher taxes won't lead the wealthy to go on strike and give up promising investment opportunities. darren gersh, "n.b.r.," washington. >> tom: talk of the fiscal cliff threat didn't seem to hurt cyber monday, the biggest online shopping day of the year. americans are expected to spend $1.5 billion online today according to research firm comscore. that's up 20% from last year, as retailers pull out all the stops to get shoppers to click on their websites. erika miller has more. >> reporter: many americans were hard at work today. but others were hardly working-- using high speed office computers to scour the internet for bargains. others browsed at retail stores, but used mobile phones and tablets to make their purchases online. >> but internet shopping is more than just price comparison this year. it's about going shopping with friends and family even when they're not there. >> it makes
cuts for the top 2% because it's bad economic policy. >> reporter: the president's tax plans got some support from legendary investor warren buffett today. writing in the new york times, buffett says higher taxes won't lead the wealthy to go on strike and give up promising investment opportunities. darren gersh, "n.b.r.," washington. >> tom: talk of the fiscal cliff threat didn't seem to hurt cyber monday, the biggest online shopping day of the year. americans are expected...
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Nov 26, 2012
11/12
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simplifying the tax code, keeping those marginal tax rates low. let's not create a worse in the distortions that already exist in the tax code. dagen: great to see you. take care. we will see you soon. connell: there it is. closing loopholes with norquist. we consider that a tax hike. dagen: lindsey graham. you made the point. loud and clear. a lot of people backing off. connell: backing off the pledge. people will be losing their benefits at the end of the year if congress does not act now. dagen: the money game for the holidays. americans are sitting at their computer screens, not working, looking for the perfect gift. take a look at oil. see where it is trading today. oil is at $87 a barrel. connell: eight quarter past the hour. we will have stocks now as we do every 15 minutes. nicole: we are at our session lows of the day. we certainly had a nice run up last week. over a 100-point game. we are losing about 100 points. i just checked on the dow jones industrials. twenty-eight of the names out of 30 were in the red. intel and caterpillar were t
simplifying the tax code, keeping those marginal tax rates low. let's not create a worse in the distortions that already exist in the tax code. dagen: great to see you. take care. we will see you soon. connell: there it is. closing loopholes with norquist. we consider that a tax hike. dagen: lindsey graham. you made the point. loud and clear. a lot of people backing off. connell: backing off the pledge. people will be losing their benefits at the end of the year if congress does not act now....
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Nov 27, 2012
11/12
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reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making sure that they are sound for the future. so that's lindsey's position. and he has talked about accepting revenue to accomplish that goal. >> republicans continue saying they don't want to increase tax rates arguing that will hurt job growth. democrats say the middle class could be spared from a tax increase now. >> however as we continue to negotiate a responsible path forward i remind everyone within the sound of my voice of one fact. this congress is where one vote away from avoiding the fiscal cliff for middle class families
reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making...
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Nov 23, 2012
11/12
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FBC
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that includes all taxes also. and we look at other cities like boston coast-to-coast or new york coast to coast, we are seeing those fares nonstop for $250 for the first of the year. you may need to be slightly flexible, but those are some of the best deals. even florida, i think, will be the gold mine. even for the los angeles area to four lauderdale are in the mid two hundreds. you are going coast to coast for sure. it is a nice place to be in the wintertime. orlando, tampa, fort lauderdale, those are the three that i would look at. after january 7, again. and then in europe. this is my best deal. i swear. i cannot believe it is this good. $516 in fuel surcharges. this gives you two continents. asia and europe all in the same trip. it is in -- in -- round trip all taxes included. new york and boston, $500. dagen: one quick thing, though, why are they offering the deals? are bookings falling off the cliff made january? >> there is a lot of us who have to travel during the holidays. there is a bunch of us on the r
that includes all taxes also. and we look at other cities like boston coast-to-coast or new york coast to coast, we are seeing those fares nonstop for $250 for the first of the year. you may need to be slightly flexible, but those are some of the best deals. even florida, i think, will be the gold mine. even for the los angeles area to four lauderdale are in the mid two hundreds. you are going coast to coast for sure. it is a nice place to be in the wintertime. orlando, tampa, fort lauderdale,...
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Nov 26, 2012
11/12
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if an agreement is not reached by the end of the year, a series of tax increases and spending cuts will automatically kick in. lawmakers in both major parties say they're willing to compromise. >> when you're $16 trillion in debt, the only pledge we should be making to each other is avoid becoming brief and republicans should put revenue on the table. >> the big questions are weather republicans are open to some forms of tax increases and whether democrats will consider cuts to entitlement programs. >>> a san francisco's couple challenge of the defense of marriage act will be one of several the u.s. supreme court considers this week. they will decide whether to hear an appeal of the prop 8. they're expected to meet this week to decide which cases it will hear next year. >>> on this monday, while we're cyber shopping, it's about the fog today. >> it is. >> sorry about that. >> dangerous out there. >> it's pretty tough, you're driving along, clear skies and all of a sudden you hit the fog that's out there. the numbers on the chilly side as well as we start off monday. we'll be talking wet
if an agreement is not reached by the end of the year, a series of tax increases and spending cuts will automatically kick in. lawmakers in both major parties say they're willing to compromise. >> when you're $16 trillion in debt, the only pledge we should be making to each other is avoid becoming brief and republicans should put revenue on the table. >> the big questions are weather republicans are open to some forms of tax increases and whether democrats will consider cuts to...
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Nov 29, 2012
11/12
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last year the payroll tax cut, that got extended, scott, on december 23rd. this is going to go right down to december 21st in avoiding the fiscal cliff. don't think anything differently. >> today one of the streets most bullish market watchers is is making a pretty bold prediction saying the s&p 500 is going to rally 17% by the end of next year. tony dwire joins us now. good to have you. >> thanks. >> i'm wondering how you're dealing with your predictions and your forecasting on the markets when you have such gyrations due to what's going on with the fiscal cliff. >> well, truthfully, you know, hopefully what makes me a little bit different on the street, i really try not to guess. what they're going to say, it's impossible. what i fall back to is what's the tactical outlook? we had a nice 5% move off of that low. our view is you've always retested that kind of intermediate term low. we're looking for a little pullback. ultima ultimately, don't fight the fed and don't fight the tape. when i talk to people, you kind of think about it. why isn't it follow the
last year the payroll tax cut, that got extended, scott, on december 23rd. this is going to go right down to december 21st in avoiding the fiscal cliff. don't think anything differently. >> today one of the streets most bullish market watchers is is making a pretty bold prediction saying the s&p 500 is going to rally 17% by the end of next year. tony dwire joins us now. good to have you. >> thanks. >> i'm wondering how you're dealing with your predictions and your...
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Nov 23, 2012
11/12
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there's possible tax raises on capital gains next year. you can see that investors are excited about that. that stock up 13.5 person. >> i expect to hear those two words quite a lot between now and the end of the year. >>> tech stocks are a big force behind black friday seema mody has more. >> absolutely nasdaq is on track to have the first best and best five -- we're seeing research in motion, the best performs stock on the back of that bullish analyst note we've been talking about all day. hewlett-packa hewlett-packard, shares hit a ten-year low. related to autonomy. apple also up today, set to snap an eight-week losing streak, the longest since the dot-com bubble streak. and speaking of apple, in lieu of black friday, the tablet wars are definitely heating up. >> you would think so. seem that, thank very much. >>> before shoppers were flocking to the mall, frayeder were flocking to the retail stock themselves. so will retails continue toss the better play and outperform the s&p? that's what we're talking about today. on the technical sa
there's possible tax raises on capital gains next year. you can see that investors are excited about that. that stock up 13.5 person. >> i expect to hear those two words quite a lot between now and the end of the year. >>> tech stocks are a big force behind black friday seema mody has more. >> absolutely nasdaq is on track to have the first best and best five -- we're seeing research in motion, the best performs stock on the back of that bullish analyst note we've been...
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Nov 22, 2012
11/12
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MSNBCW
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no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. >>> the elections just 16 days old, but the republican party is already looking to 2016. according to politico, more than two dozen republicans are already thinking about running for president. and joining me now from washington, democratic pollster margie, and republican strategist joe watkins. it's never too early, right, guys? let's get talking about this. joe, is the gop already making plans for 2016? at this point, if so, who would you say would be the party's best hope? >> the party has to start looking to 2016. we've suffered two losses now in '08 and again in '12. we've got to look at expanding the base. the republican party knows that you can't win going forward without wome
no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. >>> the elections just 16 days old, but the republican party is already looking to...
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Nov 22, 2012
11/12
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and i think it's still very likely they're going to end up compromising on the tax rate. the president opened the door. his opening position he wanted the top rate to go to 39.6%. he's signaling and the white house signaled they can take 37%, but with additional reductions in deductions so overall tax payment by wealthy americans would continue to go up. but these are just opening positions. the tea party's going to be a force. they're not going to be the ultimate decider the big fear to both of you, if there's no deal the markets are going to tank. listen to ben bernanke's assessment. >> indeed by the reckoning of the congressional budget office the cbo and outside observers, fiscal shock of that size would sent the economy toppling back into recession. >> and it wouldn't keep saying the deal's going to get done. if not, there are real repercussions, steve. >> absolutely. but, alex, what we're looking at now, as we head into next week, the general framework for the talk for the next four weeks is kind of a two-track system. one is let's do some agreement to avoid the fis
and i think it's still very likely they're going to end up compromising on the tax rate. the president opened the door. his opening position he wanted the top rate to go to 39.6%. he's signaling and the white house signaled they can take 37%, but with additional reductions in deductions so overall tax payment by wealthy americans would continue to go up. but these are just opening positions. the tea party's going to be a force. they're not going to be the ultimate decider the big fear to both...
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Nov 26, 2012
11/12
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FOXNEWSW
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reform and spending cuts over the raising of taxes. here is the senate republican leader on what the g.o.p. is offering. >> without compromising our principles we put skin in the game and recognition to the fact while democrats don't run this town, neither do we. we have been responsible even as we remain firm on this point. no tax increases now for promised spending cuts that you will not materialize later. the american people have seen that game before. they won't be fooled again. >> house republicans are planning to bring in on wednesday a number of c.e.o.'s of caterpillar, goldman sachs and all state and other key players on fiscal includes including erskine bowles co-author of the simpson-bowles and the republicans want the business community to hear their ideas and make the case a big deal should include spending cuts and reforms. >>shepard: thank you, mike, from capitol hill. grover norquist will join neil cavuto next hour and talk about breaking the anti-tax pledge by some republicans. >> the generation leader who brokered the
reform and spending cuts over the raising of taxes. here is the senate republican leader on what the g.o.p. is offering. >> without compromising our principles we put skin in the game and recognition to the fact while democrats don't run this town, neither do we. we have been responsible even as we remain firm on this point. no tax increases now for promised spending cuts that you will not materialize later. the american people have seen that game before. they won't be fooled again....
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Nov 26, 2012
11/12
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are paying taxes some other way. >> corporations pass along taxes to their consumers anyway. to the customers as well, right, so then you're sort of saying they're going to get stuck with it. shareholders would get stuck with part of it and it also gets passed along with, that seems self-defeating, too. >> we're talking about lowering corporate taxes on the shareholders. on the beneficiaries of those higher. >> you worked in the white house, steve. you know the president. >> i do. >> you know the way he thinks and frankly many of his cabinet members and those quhis pwhispe his ear thing. he'll barnstorm the country and talk about the 39.6%, talking about marginal rates. where is the room to the extent you believe there's room, to compromise, with a house that doesn't want to talk about marginal rates at all? where is the white house able to compromise? >> i've been doing deals for many years, greg has, there's always compromise. could you put the buffett rule in to raise a bit of money over here? the beauty of this situation, it's difficult, but the beauty of it is, it's not
are paying taxes some other way. >> corporations pass along taxes to their consumers anyway. to the customers as well, right, so then you're sort of saying they're going to get stuck with it. shareholders would get stuck with part of it and it also gets passed along with, that seems self-defeating, too. >> we're talking about lowering corporate taxes on the shareholders. on the beneficiaries of those higher. >> you worked in the white house, steve. you know the president....
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Nov 26, 2012
11/12
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KTVU
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they want to raise taxes and republicans don't want to. they are willing to cap certain deductions. >>> and perspective police officers, you can start applying for jobs at the san francisco police department this morning and they will start accepting applications for entry level police officers. eligible application cans have to be at least 20 years old, have a valid california driver's license and high school diploma or equivalent. it will end on friday december 7th and the starting pay for a san francisco police officer is 88,000 dollars a year. well for the san francisco 49ers there are quarterback questions all over again. it happened for the second straight game for the quarterback and coming up, what coach jim harbaugh is saying about who will be his starter in the future. >>> we have been talking about fog and i'm not sure if there is an incident in south san francisco. northbound at the 380 split, just north of fso, let's head out to our maps and a bicycle is laying on the shoulder and officers are not sure if this was an accident
they want to raise taxes and republicans don't want to. they are willing to cap certain deductions. >>> and perspective police officers, you can start applying for jobs at the san francisco police department this morning and they will start accepting applications for entry level police officers. eligible application cans have to be at least 20 years old, have a valid california driver's license and high school diploma or equivalent. it will end on friday december 7th and the starting...
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Nov 26, 2012
11/12
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taxes ride. rule every american is expected to feel the pinch. we'll break down the numbers on the latest proposals and see who maintains what depending on what kind of deal is reached. and are you not one of the so-called rich. no one company or governing body runs the it net. that helped the worldwide interest neat to grow in the way it has to spur democratic movement. a u.n. summit next week could put a little known united nations agency in charge worldwide web. and countries like china, russia, and iran are actively lobbying for new global rules that can allow them to, for example eavesdrop at will or sensor content. rick gold stein is the director of the project. it's no surprise china and iran and russia would love to control the internet. about it's a surprise they are going to have some conference with the u.n. in dubai next week. we are attending and this is going to be the topic? >> looking at the history of the united nations and how it triumphed on free speech. i'm not surprised. we h
taxes ride. rule every american is expected to feel the pinch. we'll break down the numbers on the latest proposals and see who maintains what depending on what kind of deal is reached. and are you not one of the so-called rich. no one company or governing body runs the it net. that helped the worldwide interest neat to grow in the way it has to spur democratic movement. a u.n. summit next week could put a little known united nations agency in charge worldwide web. and countries like china,...
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bradley manning's allegedly of the wiki leaks documents which i think is important to put out for can tax purposes because after that they formed a working group and started to put together this activity yeah absolutely seeing as bradley manning was a member of the military and you know was accused of leaking these classified documents this would fall under what the president has said you know needs to be monitored. so it's a what do i mean as far as bradley manning i mean this is you know took place two years ago or more talk about you know his role and this memo. well what we're seeing is just the slow wheels of bureaucracy turning because this was part of the program was that you would go back and get these standards and what we're seeing with this memo is the agency is following through with the stablish ing these standards in a superfluid and it goes along with the fact that there's been this leak hysteria in the past months starting in may you had those stories related to the cia sting operation with the underwear bomb plot you had people talking with reporters about the drone progr
bradley manning's allegedly of the wiki leaks documents which i think is important to put out for can tax purposes because after that they formed a working group and started to put together this activity yeah absolutely seeing as bradley manning was a member of the military and you know was accused of leaking these classified documents this would fall under what the president has said you know needs to be monitored. so it's a what do i mean as far as bradley manning i mean this is you know took...
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Nov 23, 2012
11/12
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any tax hikes are expected to hit the highest earners the hardest. it is unclear whether this is all bad news for luxury retailers like sachs, nordstrom's and tiffany's. with more of the wealthy thinking about uncle sam this christmas, rather than santa, we'll be watching these luxury companies very cautiously. >> a different bearded gentleman that they're thinking about. >> exactly. that's right. >> thank you, robert. >>> let your fingers do the saving. coming up next, we'll tell you about half-a-dozen apps that could put some extra bucks in your wallet this holiday and beyond. >> i'm doing apps now. oh, dear. >>> later, how about doing holiday shopping at a mom and pop store tomorrow. we'll talk about the american express executive behind this saturday's small business movement in a few minutes. with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for le
any tax hikes are expected to hit the highest earners the hardest. it is unclear whether this is all bad news for luxury retailers like sachs, nordstrom's and tiffany's. with more of the wealthy thinking about uncle sam this christmas, rather than santa, we'll be watching these luxury companies very cautiously. >> a different bearded gentleman that they're thinking about. >> exactly. that's right. >> thank you, robert. >>> let your fingers do the saving. coming up...
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Nov 21, 2012
11/12
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i just would rather have a consumption tax than a tax on income tax rates. and by the way, i believe the president, his ideas as they're formulating behind a carbon tax, he would rebate, he would charge extra for gasoline -- for oil, natural gas, and other fossil fuels and coal, but then he would rebate the money through the payroll tax to middle class and poor people. that's how he would do it. it's interesting. >> i'm not shocked, right? spread it all around. stuart: exactly. i have to break in for some preaking news. we have been talking about a union protest at chicago's o'hare airport, possibly making air travel is a bit of a hassle today. well, our jeff flock is at o'hare. he tells us flights have been cancelled. 400 delayed because of dense fog until 1:00 p.m. eastern. if you are traveling today, you want to know that. big deal at o'hare. we have hostess back again in liquidation. the union blames poor management. the management blames the union. but up next a guest that blames you the consumer for the company's shutdown. and she's happy about it. she
i just would rather have a consumption tax than a tax on income tax rates. and by the way, i believe the president, his ideas as they're formulating behind a carbon tax, he would rebate, he would charge extra for gasoline -- for oil, natural gas, and other fossil fuels and coal, but then he would rebate the money through the payroll tax to middle class and poor people. that's how he would do it. it's interesting. >> i'm not shocked, right? spread it all around. stuart: exactly. i have to...
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Nov 23, 2012
11/12
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some will not sign this no tax pledge. so there is some sense maybe his influence will wane a little bit. i think he'll be an influential player down the road. >> i'm sorry to cut this short. i want to thank you for your time nonetheless. we will see you guys again. thank you. >> thank you. >>> still ahead, this partisan rush. what is the outlook for compromise when a majority of states will be under single party control? plus, which toys will be selling like hotcakes? toys 'r' us' ceo is here to break down the big ticket items. ♪ it's so important to make someone happy ♪ when you give a child a toy, it has to work. ♪ make just one someone happy and when it's a toys for tots child, well, what could be more important? so this year, every hasbro toy donated to toys for tots will be powered by duracell. happy holidays. duracell with duralock. trusted everywhere. >>> giving you a look at these new protests happening right now in cairo's tahrir square. supporters and opponents of egypt's new president, mohamed morsi, are
some will not sign this no tax pledge. so there is some sense maybe his influence will wane a little bit. i think he'll be an influential player down the road. >> i'm sorry to cut this short. i want to thank you for your time nonetheless. we will see you guys again. thank you. >> thank you. >>> still ahead, this partisan rush. what is the outlook for compromise when a majority of states will be under single party control? plus, which toys will be selling like hotcakes? toys...
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Nov 29, 2012
11/12
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so if we raise everyone's taxes, it'll be a $2 trillion tax increase. well, if we raise it only on the rich which the president wants to do and the democrats, that's 40% of the nation's income. so it'll be a $900 billion tax increase. it isn't about who the tax increase is on. that's simply envy and class warfare. it's about how much money you're going to take out of the private sector. $900 billion taken from the private sector is an enormous drain and will hurt economic growth. doesn't matter whether it's rich people, middle class or poor people. it's money taken out of the productive sector, the private sector, and given to the nonproductive sector, the government. >> finally, we started the conversation talking about the pledge. when senator graham does, though, indicate his commitment is softening, do you have words with him later on? does he get scolded behind the scenes? >> i don't do any scolding. it's not my job to tell other senators or congressman how to vote or what to think. i try to communicate what i think is the message of our party. the
so if we raise everyone's taxes, it'll be a $2 trillion tax increase. well, if we raise it only on the rich which the president wants to do and the democrats, that's 40% of the nation's income. so it'll be a $900 billion tax increase. it isn't about who the tax increase is on. that's simply envy and class warfare. it's about how much money you're going to take out of the private sector. $900 billion taken from the private sector is an enormous drain and will hurt economic growth. doesn't matter...
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Nov 24, 2012
11/12
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. >> it will bring 2.4 million of property tax into the city, million of which will go to our schools. it will create 2,000 jobs. >> but a group is fighting the development. they have lived aboard their cruiser for 20 years. they don't know where they are going. >> i'm on fixed income. i can't afford to put a first and last down on someplace. >> he doesn't have any hard feelings. she helped him when he had cancer and not to worry about the rental when he was sick. >> we were always friends. >> the fight is with the developers plans to privatize the outer harbor which they are leasing from the state. that harbor is open to the public. anyone can rent a berth there. but the new project will limit the berths to residents of the new complex. >> when the state gave the lease they said only for so long for a commercial harbor. >> the planning commission recently approved the project. tenants group filed an a appeal. >> the redwood city council will hear the appeal on january 28. by then it may be too late for the tenants because they have been told to move out by january 15th, two weeks bef
. >> it will bring 2.4 million of property tax into the city, million of which will go to our schools. it will create 2,000 jobs. >> but a group is fighting the development. they have lived aboard their cruiser for 20 years. they don't know where they are going. >> i'm on fixed income. i can't afford to put a first and last down on someplace. >> he doesn't have any hard feelings. she helped him when he had cancer and not to worry about the rental when he was sick....
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Nov 22, 2012
11/12
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no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. gregg: there it is, here comes santa claus right down santa claus lane. the first time of fifth avenue, lining the streets, the music is filling the air. this is the 86th annual macy's thanksgiving day parade. a late start of the to the morning, but as you can see, macy's welcoming newcomers through a lineup of giant balloons this year, including elf on a shelf and papa smurf. wow, that is a big santa. it looks like he has already had a turkey or two this morning. speak to the family of a missing soldier making a desperate search for their daughter and sister's disappearance. kelly bordeaux, here is her picture, she vanished after a night out back in april. the search for the 23-year
no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. gregg: there it is, here comes santa claus right down santa claus lane. the first time of...
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Nov 26, 2012
11/12
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KRON
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also according to this poll one of the forces that tax increases and spending cuts will cause a crisis. >> customers swarm stores and record numbers for the black friday deals. 247 million shoppers. and that is more this year than last year and they also spent more. with the average person spending $423. on this four day weekend, id is $59 billion and that is also up from last year. it is a pretty good weekend for retailers. 41 percent of consumers are going to purchase items online this year and the bad guys are going to ponder those shoppers. and cyber gangs.. will have new and old internet scams to hijack accounts. one half are using web browsers with out any security measures or if they do they are out of date. experts are looking for bogus coupons and too good to be true advertisements with links on social media. if you need extra holiday crash perhaps go to or arizona or organ those are the places where you can get multi-state power ball. with no winners on saturday the jackpot is $425 million. it is up for grabs and it is on this wednesday it rolled over for the 15th straight ti
also according to this poll one of the forces that tax increases and spending cuts will cause a crisis. >> customers swarm stores and record numbers for the black friday deals. 247 million shoppers. and that is more this year than last year and they also spent more. with the average person spending $423. on this four day weekend, id is $59 billion and that is also up from last year. it is a pretty good weekend for retailers. 41 percent of consumers are going to purchase items online this...
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Nov 29, 2012
11/12
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far as tax reform, come up with more tax revenue. melissa: thank you so much for your input, peter barnes. lori: what is on the menu? got to give a shout out. there is another battle brewing over the fiscal cliff, instead congress and the white house, this one happening on twitter. melissa: dennis kneale is covering the story with the latest. i love this one. >> the obama administration renowned for the use of social networks but this time maybe it outdid itself. the president urging americans to tweet their support for using the hash tag mo farah, as in my $2000, raised taxes on somebody else. now my2k has become a way to trash obama and cheering at the democrats. they been acquired sponsorship rights for my2k, they often see paid messages opposing the obama tax hikes. they run the gamut. some talk about the sudden switch to now playing up keeping tax cuts for everyone else. others make fun of my2k origins. a few samples. obama irony, same people who claimed bush tax cuts are only for the rich now argue to keep them because they hel
far as tax reform, come up with more tax revenue. melissa: thank you so much for your input, peter barnes. lori: what is on the menu? got to give a shout out. there is another battle brewing over the fiscal cliff, instead congress and the white house, this one happening on twitter. melissa: dennis kneale is covering the story with the latest. i love this one. >> the obama administration renowned for the use of social networks but this time maybe it outdid itself. the president urging...
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Nov 23, 2012
11/12
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what will my tax rate look like next year? what will regulation look like? what will regulation look like? do you have the same concerns? >> i have the same concerns and we have to do something. it is not an option. this is not republican or democrat problem but an american problem and israel. we don't do something about this before december, that is when you will start toosee consumers start to question leadership in washington. i don't think that is the case. i think our leadership in washington is focused -- we know who's going to be running the country and who is going to be running the house. now that that is behind us everyone can focus on reaching across the aisle and compromise and have to make progress on this fiscal cliff. i think that is important for business right now. the consumer has not focused on this but they will if we don't address it. i am confident we are going to address it in the next few weeks. cheryl: you are director of the new york fed, national retail federation, and macy's, perfect question for you. if there's one thing the admi
what will my tax rate look like next year? what will regulation look like? what will regulation look like? do you have the same concerns? >> i have the same concerns and we have to do something. it is not an option. this is not republican or democrat problem but an american problem and israel. we don't do something about this before december, that is when you will start toosee consumers start to question leadership in washington. i don't think that is the case. i think our leadership in...
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Nov 29, 2012
11/12
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anything above $2,500 will be taxed and the rest will be taxed. they are going to be playing $10,000, $12,000 more per year taxable rate to get their kids per school. >> and they're always talking about how the republicans want to destroy the study for autism. but here it is black and white in the obama. we appreciate it. it's great to see you. >> thanks for having me. >> now to the lottery frenzy. there's already a winner in this game. the government. not good. we're going to explain when "the kudlow report" comes right back. >>> if everything on the fiscal side caves, what incentive is there for tax reform in 20 13? >> ups believes congress does need to move very quickly to get this done. >> there are going to be many moments when it seems like there's a deal and then there are people who fight the deal, which is why we have been featuring the notion of rising above. >> all sides could lose if an agreement isn't arrived upon. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all
anything above $2,500 will be taxed and the rest will be taxed. they are going to be playing $10,000, $12,000 more per year taxable rate to get their kids per school. >> and they're always talking about how the republicans want to destroy the study for autism. but here it is black and white in the obama. we appreciate it. it's great to see you. >> thanks for having me. >> now to the lottery frenzy. there's already a winner in this game. the government. not good. we're going to...
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Nov 25, 2012
11/12
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some say i want to make more taxes and do not raise taxes. [talking over each other] >> walgreen's is saying we want to make investments to create jobs. what you guys in washington d.c. are going to do, what is coming down the road from you and we had this debate about john boehner basically saying we got to put obamacare -- [talking over each other] liz: putting obamacare into the fiscal cliff negotiations so for two large drugstore chains to say you got to get going. gerri: interesting to see if he derail everything. liz: they have a seat at the table. is not political. it seems to me when you read what they say it is not like they are saying we want a voice in what is going on. there saying our customers are concerned. of course it is a revenue problem. shoppers and consumers are not coming in because they're worried about the fiscal cliff. gerri: all singing the with one voice. interesting to see if anybody hears that. thanks for coming on. appreciate it. guess what else has joined the fiscal liftoff? the federal gas tax, special interest
some say i want to make more taxes and do not raise taxes. [talking over each other] >> walgreen's is saying we want to make investments to create jobs. what you guys in washington d.c. are going to do, what is coming down the road from you and we had this debate about john boehner basically saying we got to put obamacare -- [talking over each other] liz: putting obamacare into the fiscal cliff negotiations so for two large drugstore chains to say you got to get going. gerri: interesting...
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Nov 26, 2012
11/12
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3.8% tax. this is going to happen regardless whatever comes out with the fiscal cliff. the "wall street journal" on saturday, the personal finance section did a great job explaining that. here it is, 3.8% tax, joint files of under $250,000. it's going to apply to dividends, x-munis. for now, munis not included. net capital gains, rents, royalties, and some investment annuities. what it is -- basically if a couple has adjusted gross income of $250,000, but they have $2,000 of interest, $4,000 of dividends and $1,000 in net capital gains would not apply. $240,000 -- but if you had capital gains, net capital gains of 10,000, you're in that threshold of 250, it's going to kick in and that 3.8% on that net, the net difference being $6,000 above 250 is 3.8%. $228. the point here is this is a number that everyone can at least try to think about and figure out where it is. this is happening no matter what happens with rise above. these are numbers you should start thinking about and planning right now
3.8% tax. this is going to happen regardless whatever comes out with the fiscal cliff. the "wall street journal" on saturday, the personal finance section did a great job explaining that. here it is, 3.8% tax, joint files of under $250,000. it's going to apply to dividends, x-munis. for now, munis not included. net capital gains, rents, royalties, and some investment annuities. what it is -- basically if a couple has adjusted gross income of $250,000, but they have $2,000 of interest,...
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Nov 25, 2012
11/12
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by the way, the one-time cash payout would be $312 million, before taxes of course. leading up to tonight's bonanza, there have been 14 consecutive drawings with no jackpot winner. your chances of picking five numbers and the powerball, 1 in 175 million, but hey, it is possible. a couple from iowa did hit the jackpot at $202 million back in september. so you do have a chance here. and by the way, kate, i do have my ticket and you have a couple hours, a few hours left to get yours. >> you'll share that with all of us, i'm sure, thank you. >>> and we wanted to update you on a story we first told you last night, a reason to celebrate for folks in one of the area's hardest hit by the monster storm sandy, breezy point in queens. last night, kristen diffindale and james keane said their i dos. they were busy planning their i wedding when the storm hit. their house was flooded. the church where they were supposed to get married was turned into a command center. they nearly postponed the whole thing but in the end as you can see they decided to go ahead to give their friends
by the way, the one-time cash payout would be $312 million, before taxes of course. leading up to tonight's bonanza, there have been 14 consecutive drawings with no jackpot winner. your chances of picking five numbers and the powerball, 1 in 175 million, but hey, it is possible. a couple from iowa did hit the jackpot at $202 million back in september. so you do have a chance here. and by the way, kate, i do have my ticket and you have a couple hours, a few hours left to get yours. >>...
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Nov 27, 2012
11/12
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and the president can push the tax the tax rates on the rich but the republicans are creeding more tax grounds on potentially adding to that with limited deductions on the wealthy, or, say, they focus only on deductions there is a scenario where they limit the deductions and write offs and the rich pay more in taxes than they would if they just raised the rates behalf, to where they were during the time of bill clinton? >> and that is why everything is just talk. just talk. >>neil: you think they will have an incredible deal by the end of the year? >>guest: i have told you before, i'm slightly optimistic. you cannot be more than that when it comes to negotiations. >>neil: since the ice cream bet you hedging because i think you know you got lucky and now you hedge a lot. you sound like a tv anchor. >>guest: i don't want do lose a bet but cut while i'm ahead and i am not irrationale. i don't think either the president or congress wants to become unpopular and congress now is at 18 percent again, do they want to go to system digits? i don't think so. >>neil: grover norquist was here and h
and the president can push the tax the tax rates on the rich but the republicans are creeding more tax grounds on potentially adding to that with limited deductions on the wealthy, or, say, they focus only on deductions there is a scenario where they limit the deductions and write offs and the rich pay more in taxes than they would if they just raised the rates behalf, to where they were during the time of bill clinton? >> and that is why everything is just talk. just talk. >>neil:...
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Nov 22, 2012
11/12
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boehner, but not on taxes for the wealthy. the republicans already lost this fight pip hope speaker boehner takes this message to heart over this thanksgiving dinner. he grandstand by talking about obama care, or he can get down to the brass tacks and tell his party fanatic that they are going to have to budge on tax hikes. think about it over your turkey and stuffing, speaker boehner. and by the way, you can put some gravy on that, and you know the rest of the sentence. let's bring in congressman elijah cummings of maryland. he's with us tonight here on "the ed show." congressman, glad to have you with us. >> good to be with you, ed. >> we have gotten so many mixed messages about john boehner and what he's doing. where do you think he's coming from? all of a sudden he wants obama care on the table. >> i think that he's trying to muddy the waters with regard to these fiscal negotiations. clearly, the tea party lost in this election. no doubt about it. the people have spoken, and with regard to the affordable care act, ed, the
boehner, but not on taxes for the wealthy. the republicans already lost this fight pip hope speaker boehner takes this message to heart over this thanksgiving dinner. he grandstand by talking about obama care, or he can get down to the brass tacks and tell his party fanatic that they are going to have to budge on tax hikes. think about it over your turkey and stuffing, speaker boehner. and by the way, you can put some gravy on that, and you know the rest of the sentence. let's bring in...
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Nov 21, 2012
11/12
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i think what's evident, if we get a real deal, one where they address the top tax rate, the spending cuts, i think initially, it's bearish for gold, but i think after that, the qe kicks? >> i want to bring in jim on the discussion. the news of the cease fire coming out. what are the levels you're watching in gold right now. in oil right now. >> i believe the it's the january contract and if it's below 84.54ish, it means the market really believes that a cease fire is going to be more than just a fleeting thing and i think we could take off some, i would say long it right now until we take our last week lows at those levels. >> that's a huge number right there. >> you agree with that? >> absolutely. a huge number in crude. it's he will their -- >> the question is, are you buying or selling against the fiscal cliff fears? vote in our poll. we'll give you results on our website and also, we're off tomorrow for the holiday, but live streaming shows are back next week, tuesday and thursday, 1:00 p.m. eastern. scott. >> thanks so much. we're going to continue to monitor this story about th
i think what's evident, if we get a real deal, one where they address the top tax rate, the spending cuts, i think initially, it's bearish for gold, but i think after that, the qe kicks? >> i want to bring in jim on the discussion. the news of the cease fire coming out. what are the levels you're watching in gold right now. in oil right now. >> i believe the it's the january contract and if it's below 84.54ish, it means the market really believes that a cease fire is going to be...
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Nov 28, 2012
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just tax the rich more. three big unions have taken out big ad campaign saying no cuts to entitlements, don't reform them. just tax the rich more. it's a campaign all over again. and at this moment, the democrats and the president have not given one inch, to my knowledge, on any entitlement reform or entitlement cuts. >> brian: he's going to go to tinker toys, to some odd manufacturing plants. the only thing i could picture him saying is it's time to lift the bush tax rates from the rich and make them pay more. what else could he possibly be talking about? >> he's sticking it to house republicans. i won the election. i campaigned on higher tax rates for the rich. that's what we're going to do. whether he mentions entitlement reform or not, i don't know. but there is no plan on the table at the the moment for the other side of the debate, which is how it affects the spending problem. >> brian: he's also going to talk about how the going over the cliff will affect middle class families and how he's trying to a
just tax the rich more. three big unions have taken out big ad campaign saying no cuts to entitlements, don't reform them. just tax the rich more. it's a campaign all over again. and at this moment, the democrats and the president have not given one inch, to my knowledge, on any entitlement reform or entitlement cuts. >> brian: he's going to go to tinker toys, to some odd manufacturing plants. the only thing i could picture him saying is it's time to lift the bush tax rates from the rich...
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Nov 27, 2012
11/12
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once all the taxes go up, everybody is in a position to vote for a tax cut. so the nature of this may be such that republicans feel compelled to wait until after taxes have risen so that they can actually vote for a tax cut, which will be some sort of compromise. i don't think we should dismiss grover norquist and the power of this pledge and the threat to run primary campaigns against people so quickly. >> what you're talking about there, though, it sounds like getting out of the pledge on a technicality. if they wait for the rates to expire on their oath, then they don't have to vote for a rate increase. that really honoring the spirit of this commitment? >> i don't think it is. if that's what it takes to get people to reality, we've been waiting for many years for republican legislators to kind of recognize reality, and people thought, okay, the 2008 election. that will really sort of wake them up and think we have to compromise on issues of taxation. no it didn't. people thought maybe 2012 will do the trick. we see them edge from this. i think their minds
once all the taxes go up, everybody is in a position to vote for a tax cut. so the nature of this may be such that republicans feel compelled to wait until after taxes have risen so that they can actually vote for a tax cut, which will be some sort of compromise. i don't think we should dismiss grover norquist and the power of this pledge and the threat to run primary campaigns against people so quickly. >> what you're talking about there, though, it sounds like getting out of the pledge...
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Nov 26, 2012
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or effective tax rates. there is ways of doing that. secondly, though, we've got to close significant loopholes. >> bottom line, getting back to the report, the president is asking congress it act now specs tend the tax cuts for the middle class. they say the holiday season is not a time to threaten middle class pocketbooks. back to you. >> steve: thanks very much. the white house wants all the people who voted for barak obama to flood congressmen with e-mail and also with video messages via youtube saying why we should raise taxes on the rich. >> gretchen: so it's mainly for conservative democrats and to sway some republicans in those districts. we asked what you thought about this. will it change members of congress' mind? here is marge, cut all loopholes, subsidies and reduce spending equally but do not raise taxes. >> steve: here is a tweet from heather. it would say do your job, pass a balanced budget like required by law. no more closed door secret tax meetings. >> brian: more e-mails and tweets coming
or effective tax rates. there is ways of doing that. secondly, though, we've got to close significant loopholes. >> bottom line, getting back to the report, the president is asking congress it act now specs tend the tax cuts for the middle class. they say the holiday season is not a time to threaten middle class pocketbooks. back to you. >> steve: thanks very much. the white house wants all the people who voted for barak obama to flood congressmen with e-mail and also with video...
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Nov 29, 2012
11/12
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on the middle class, tax the rich more. there were even calls in that room for higher minimum wages. clearly, no one wants to cut out the safety net that working people are promised for their lives of diligence, using their brains and brawn to build our country. >> mr. prince, republicans claim that the president's plan is bad for small business. why do you think they are wrong? >> let me tell you. the president's plans so far have helped my business. from 2008 to 2011, things were very flat. sales were flat or even down. as the stimulus started to kick in, we started seeing month to month, every month sense late 2010, our sales go up. it is consumers having more can have dense, having more money. obama care was huge. i provide health insurance for all my employees. the aca is underwriting small businesses doing that helped me absorb a huge increase because i have a couple of folks who work for me who are going through some illness problems. >> lee saunders, your members of afscme, will be financially hurt if we go over the
on the middle class, tax the rich more. there were even calls in that room for higher minimum wages. clearly, no one wants to cut out the safety net that working people are promised for their lives of diligence, using their brains and brawn to build our country. >> mr. prince, republicans claim that the president's plan is bad for small business. why do you think they are wrong? >> let me tell you. the president's plans so far have helped my business. from 2008 to 2011, things were...
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Nov 27, 2012
11/12
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everybody's talking about increasing the tax -- tax revenue on the rich. why aren't we talking about cutting the spending? how about, first of all, we start with a budget that harry reid under his leadership in the senate has not passed a budget in over three years. so to cut, you have to have a budget. and then let's start with the cuts that were promised to reagan and george h.w. bush that never came through. when they gave the tax increases and the cuts never came through. let's start there and let's go forward. >> amy kremer, thanks for coming on the program. >> thanks for having me. >>> more protests in egypt. hours before a huge rally against mohamed morsi. many had been camping out for the demonstration against the president who issued several decrees last week that gives him almost absolute power. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9
everybody's talking about increasing the tax -- tax revenue on the rich. why aren't we talking about cutting the spending? how about, first of all, we start with a budget that harry reid under his leadership in the senate has not passed a budget in over three years. so to cut, you have to have a budget. and then let's start with the cuts that were promised to reagan and george h.w. bush that never came through. when they gave the tax increases and the cuts never came through. let's start there...